Iberdrola (ES:IBE) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Iberdrola has announced the issuance of 800 million euros in subordinated green perpetual bonds in the Euro market, offering an initial fixed annual coupon of 4.250%. These bonds, structured in a single tranche and fully guaranteed by Iberdrola, S.A., allow for deferred interest payments and are set to close on November 28, 2024. The issuance is part of Iberdrola’s Euro Medium Term Notes program, attracting interest from international banks.
For further insights into ES:IBE stock, check out TipRanks’ Stock Analysis page.